Arrayit Corporation (ARYC)

[Pokerjoe]

You are partially right. There are some major changes to accounting regulations that went into affect in 2018. Go to the following site

bakertilly.com/.../are-you-ready-for-these-4-major-changes-to-the-accounting-rules

and you will see the headache that has been to implement these changes. A lot has to do with the way and timing of when you report sales and expenses against that sale and declare revenue.
I have talked to several accounting personal with different companies and got different answers.Those that work for a straight forward facility like a retirement community, it is a piece of cake.
A company like Arrayit with hundreds of products, some development activity, some straight sales of established equipment, some with service aspects such as blood card processing, it can be a mess to straighten this out properly. My opinion is that this is one of the main reasons RRBB is dragging their feet in getting these financials filed. JMO